Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Venture Global, Inc.(VG) Shareholders
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Levi & Korsinsky law firm has filed a securities class action lawsuit against Venture Global, Inc. (VG) on behalf of shareholders who purchased stock during its January 2025 IPO. The lawsuit alleges that the company's registration statement contained false or misleading statements, particularly after TotalEnergies rejected a long-term customer contract and existing clients like BP and Shell are facing supply contract delays.
March 26, 2025 | 1:45 am
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The lawsuit alleges material misrepresentations in VG's IPO registration statement, particularly regarding its ability to secure long-term LNG supply contracts with major energy companies.
The lawsuit directly challenges VG's business model and IPO representations, suggesting potential significant negative impact on investor confidence and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100